PRINCE2 proposes 3 levels of Plan, which are they?
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A. B. C. D.D.
The correct answer is B. PRINCE2 (Projects IN Controlled Environments) is a project management methodology that divides projects into manageable stages. PRINCE2 proposes three levels of planning which are Project, Stage and Exception Plans.
Here's a brief explanation of each level of plan:
Project Plan: This is the highest level of plan and provides an overview of the entire project. The Project Plan outlines the project's objectives, timelines, resources, risks, and how it will be executed, monitored and controlled. The Project Plan is created during the Initiation stage and is regularly reviewed and updated throughout the project lifecycle.
Stage Plan: The Stage Plan is created for each stage of the project and is more detailed than the Project Plan. It outlines the specific objectives, timelines, resources, and deliverables for each stage. The Stage Plan also includes details on how progress will be monitored and controlled, as well as any risks or issues that may arise.
Exception Plan: The Exception Plan is created to handle any unforeseen issues or changes that may arise during the project. It outlines the actions to be taken to address the issue or change, the impact on the project timeline and budget, and any required changes to the project plan. The Exception Plan is created by the Project Manager and approved by the Project Board.
Therefore, the correct answer to the question is option B: Project, Stage, and Exception Plans.